3 Must-See Charts For Anyone Who Thinks We're Going Into A Recession

Our friend Matt Busigin, who
writes the blog Macrofugue, has sent us 3 brilliant charts
that give some much-needed context to the recent economic data.

What they do is look at the average progression of various data
points in the 12 months before a recession (black line) and
compare that to the progression of that same datapoint right now
(blue line).

So for example, here's the average progression of YOY growth in
auto sales in (black line) vs. the YOY growth in auto sales over
the last 12 months.